Petrol prices remain stable, oil prices slightly rise

The price of bio-fuel E5 was kept unchanged while those of diesel 0.05S and kerosene increased slightly by 380 VND and 500 VND per litre respectively in the latest regular adjustment of petrol and oil prices on April 23.

The price of bio-fuel E5 was kept unchanged while those of diesel 0.05S and kerosene increased slightly by 380 VND and 500 VND per litre respectively in the latest regular adjustment of petrol and oil prices on April 23 (Photo: VNA)

Hanoi (VNA) – The price of bio-fuel E5 was kept unchanged while those of diesel 0.05S and kerosene increased slightly by 380 VND and 500 VND per litre respectively in the latest regular adjustment of petrol and oil prices on April 23.

The Ministries of Industry-Trade and Finance announced that the prices of E5 are not higher than 18,932 VND per litre, and those of RON95 petrol not higher than 20,500 VND per litre.

Prices of diesel 0.05S and kerosene should not be higher than 16,734 VND per litre and 15,581 VND per litre respectively.

The changes took effect at 15:00 on April 23.

The Ministry of Industry and Trade and the Ministry of Finance conduct a review of fuel prices every 15 days to adjust the prices in accordance with fluctuations on the world market.

During the past 15 days, the world price of RON 92 petrol, which is used to produce E5 fuel, averaged 77.980 USD per barrel, up 1 USD over the level in the previous review period. The average price of diesel was at 83.661 USD, up 2.5 USD per barrel.

Meanwhile, the cost of ethanol E100 which is used to produce E5 petrol stood at 14,488 VND per litre before tax. -VNA

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